The U.S. Securities and Exchange Commission approved rules that will halt trading in Standard & Poor's 500 Index stocks during periods of volatility, a response to the May 6 plunge that wiped out $862 billion in 20 minutes.
The SEC boss doesn't have what it takes to clean up Dodge, writes Susan Antilla
When it comes to the decumulation phase of retirement behavioral finance hasn't yet been well-deployed to help retirees understand that they may very well outlive their retirement savings
Advisers who specialize in the 401(k) market have been switching broker-dealers in search of firms they feel are better equipped to handle their growing business — and new government pension regulations.
Advisers should have difficult discussions about how much a client actually needs to retire, rather than how they feel about risk.
Charles Schwab Corp. said it agreed to pay an additional $35 million to settle claims that the online brokerage misled investors who owned its Schwab YieldPlus Fund.
JPMorgan Chase & Co. wants to squeeze more business from its mass-affluent customers, and it's asking Barry Sommers, the former head of its brokerage unit, to lead the effort.
Global millionaires' ranks increased by about 17 percent in 2009, with the Asia-Pacific region posting a 26 percent gain, according to a report by Capgemini SA and Merrill Lynch & Co.
The global millionaires' club expanded by about 14 percent in 2009 with Singapore leading the way, The Boston Consulting Group said.
Stocks are surging after positive reports on the U.S. jobs market and Chinese exports provided some relief to two issues that have had investors on edge for more than a month. And BP is bouncing back after hitting its lowest levels in more than a decade.
